DM
David S. Mckechnie
VALMARK ADVISERS
GLOUCESTER, MA 01930
Some features on this profile are disabled
CRD#: 1370140
DM
Professional summary
David Scott Mckechnie is a registered financial advisor currently at VALMARK ADVISERS, INC. located in Gloucester, Massachusetts and BEAUPORT FINANCIAL SERVICES, LLC located in Gloucester, Massachusetts.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1985. David has worked at 4 firms and has passed the Series 66, Series 63, SIE, Series 7 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1. ENGAGEd IN THE SALE OF HEALTH INSURANCE, 401(K) AND OTHER RELATED EMPLOYEE BENEFITS THROUGH THE FOLLOWING COMPANIES: CNA, BC/BS, TUFTS, US HEALTHCARE/AETNA, LINCOLN BENEFIT, UNUM, FORTIS, THE HARTFORD, GREAT WEST, TRANSAMERICA, NEW ENGLAND, STANDARD, GUARDIAN AND TRAVELERS/// 2. BEAUPORT FINANCIAL SERVICES LLC RIA; FEE BASED FINANCIAL PLANNING; PARTNER; ALL FEES PAID DIRECTLY TO RIA; INVESTMENT RELATED/// 3. GLOUCESTER ROTARY CLUB, GLOUCESTER, MA; COMMUNITY SERVICE ORGANIZATION OF BUSINESS,PROFESSIONAL AND COMMUNITY LEADERS; MEMBER; ATTEND REGULAR MEETINGS AND PARTICIPATE IN COMMUNITY SERVICE ACTIVITIES; NOT INVESTMENT RELATED; STARTED 01/01/1987; NO COMPENSATION/// 4. ESSEX COUNTY COMMUNITY FOUNDATION; 175 ADOVER STREET, DANVERS, MA 01923; PROMOTES PHILANTHROPY IN ESSEX COUNTY BY MANAGING CHARITABLE FUNDS FOR DONORS, PROVIDING GRANTS AND SERVICES TO NONPROFIT ORGANIZATIONS AND ENGAGING IN COMMUNITY LEADERSHIP INITIATIVES; CHAIRMAN OF ADVISORY BOARD; NOT INVESTMENT RELATED; STARTED 10/01/2016; NO COMPENSATION/// 5. NORTH SHORE YMCA, 245 CABOT STREET, BEVERLY, MA 01915; PROVIDES CHILDCARE, EDUCATION, WELLNESS AND FITNESS PROGRAMS FOR CHILDREN AND ADULTS IN THE COMMUNITY; BOARD MEMBER & CAPITAL CAMPAIGN CHAIR; ATTEND REGULAR BOARD MEETINGS ADVISING AND PROVIDING SUPPORT FOR EXECUTIVES, FUNDRAISING, CAMPAIGN TO BUILD NEW YMCA; NOT INVESTMENT RELATED; STARTED 01/01/2013; CLIENT INVOLVEMENT-NORTH SHORE YMCA OWNS SEVERAL VARIABLE LIFE INSURANCE POLICIES; NO COMPENSATION/// 6. SHRINERS BURN HOSPITAL FOR CHILDERN, 51 BLOSSOM STREET, BOSTON, MA 02114; BURN HOSPITAL FOR CHILDREN; BOARD OF TRUSTEES-EMERITUS MEMBER; NOT INVESTMENT RELATED; STARTED 01/01/2013; NO COMPENSATION/// 7. The Bull Finch Group; 160 Gould Street, Suite 310, Needham, MA 02494; Sale of Ind and Group disability products; NOT Investment Related; Approximately 1-5 hrs. per month; Paid as independent insurance agent-direct./// 8. Boston Financial Management; 255 State Street, 6th FL, Boston MA 02109; Marketing fees for one client referral arrangement; YES Investment Related; Approximately 1-5 hrs. per month; Small Marketing fee received./// 9. Augustar Life Assurance Corp; Fixed Life Insurance; Agent; Monitor Policy; NOT Investment Related; Start Date 04/01/2025; Approximately 1-5 hrs. per month; Direct from Augustar.///
CRS (Client Relationship Summary) - RIA
Click below to view David Scott Mckechnie's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
January 25, 2006 - Present
VALMARK ADVISERS, INC.
Office #1: 3 Heritage Way Suite 2, Gloucester, MA 01930RIA
CRD#: 108050
GLOUCESTER, MA
Current
April 10, 2006 - Present
BEAUPORT FINANCIAL SERVICES, LLC
Office #1: 3 Heritage Way, Suite 2, Gloucester, MA 01930RIA
CRD#: 129996
GLOUCESTER, MA
Current
October 24, 2003 - Present
VALMARK SECURITIES, INC.
Office #2: 3 Heritage Way Suite 2, Gloucester, MA 01930BD
CRD#: 31243
Ponte Vedra Beach, FL
Past
July 24, 1985 - October 24, 2003
NEW ENGLAND SECURITIES
BD
CRD#: 615
NEW YORK, NY
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
VA
VALMARK ADVISERS, INC.
VALMARK ADVISERS INC | VALMARK ADVISERS, INC.
CRD#: 108050 / SEC#: 801-55564
RIA
Registered Investment Advisory firm - (5/29/1998 Approved)Wyoming
Registered Investment Advisory firm - (8/11/2017 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(1/25/2006)
IAR
Arizona(1/15/2013)
IAR
California(11/14/2024)
RR
California(9/16/2025)
RR
Colorado(10/24/2003)
IAR
Colorado(1/2/2013)
RR
Connecticut(1/3/2005)
IAR
Connecticut(2/19/2013)
RR
District of Columbia(3/29/2021)
RR
Florida(10/24/2003)
IAR
Florida(1/27/2006)
RR
Georgia(10/24/2003)
IAR
Georgia(1/31/2012)
RR
Hawaii(8/31/2021)
IAR
Hawaii(11/1/2021)
IAR
Illinois(4/12/2024)
IAR
Kansas(2/21/2023)
RR
Kentucky(10/16/2024)
RR
Maine(10/24/2003)
IAR
Maine(8/24/2016)
RR
Massachusetts(10/24/2003)
IAR
Massachusetts(1/25/2006)
IAR
Michigan(1/14/2011)
RR
Minnesota(2/5/2018)
IAR
Missouri(11/8/2016)
RR
Nevada(9/7/2018)
IAR
Nevada(9/20/2018)
RR
New Hampshire(10/24/2003)
IAR
New Hampshire(1/26/2006)
RR
New York(10/24/2003)
IAR
New York(4/6/2021)
RR
North Carolina(9/15/2016)
IAR
North Carolina(5/2/2023)
IAR
Ohio(3/26/2012)
RR
Oregon(1/18/2006)
IAR
Oregon(12/8/2006)
RR
Pennsylvania(10/24/2003)
IAR
Pennsylvania(10/6/2022)
RR
Rhode Island(7/7/2005)
IAR
Rhode Island(1/26/2006)
RR
South Carolina(10/8/2013)
IAR
South Carolina(10/10/2013)
RR
South Dakota(6/6/2016)
IAR
Texas(4/16/2014)
RR
Texas(8/24/2016)
RR
Vermont(9/25/2008)
IAR
Vermont(1/8/2013)
IAR
Virginia(1/26/2006)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
VA
VALMARK ADVISERS, INC.
VALMARK ADVISERS INC | VALMARK ADVISERS, INC.
CRD#: 108050 / SEC#: 801-55564
RIA
Registered Investment Advisory firm - (5/29/1998 Approved)Wyoming
Registered Investment Advisory firm - (8/11/2017 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
130 Springside Drive Suite 300, Akron, OH 44333
Mailing Address
Phone number
(800) 765-5201
Established
Firm type
Fiscal year end
# of Employees
275
SEC notice filing (52 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 19,096 |
| AUM (Assets Under Management) | $ 8,379,181,235 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
